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2 ngày trước
As one of the most popular dairy brands in the domestic market, TH Group has been recognised as one of the chosen brands within the national Vietnam Value Programme, seeking to promote locally-sourced and high-quality goods.
3 ngày trước
The biennial Vietnam Value Programme has kicked off the promotion of high-quality goods and services produced by domestic companies since the beginning of the month. VIR’s Hai Van spoke with Vu Ba Phu, director general of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, about the ins and outs of the programme.
6 ngày trước
The global demand for rubber and tyre products has been consistently increasing throughout the last decade, with Vietnam being one of the top suppliers of these items. However, trade remedies imposed by export markets present rocks in the way of domestic manufacturers, who are now looking for solutions to avoid such measures.
Vietnamese shrimp is among the most-favoured agricultural products in overseas markets. However, with increasing exports also come more complications as domestic producers must comply with high standards set forth by foreign importers and their governments to avoid trade remedies.
Although Vietnam is pursuing positive economic growth this year and next, it will have to find new ways to provide sufficient employment for millions of people currently out of work.
Vietnam wants to earn around $1 billion from growing macadamia by 2030, and although some plantations have achieved partnerships with domestic buyers, the targeted revenue for the small nuts with butter-like flavour and creamy texture might be hindered by incomplete supply chains and other issues.
Traditional fish sauce is one of the most typical components in Vietnamese cuisine and while its nutritional value has been analysed thoroughly, getting EU customers to consume it more regularly remains a challenge. With the domestic industry declining in the last few years, manufacturers and institutions are yearning for solutions to promote their favourite spice abroad.
Amid the heavy impact the pandemic has had so far on Vietnam’s economy, possible solutions to overcome the crisis and come out even stronger have been under discussion at this year’s Vietnam Reform and Development Forum. At the event, participants like the World Bank’s current vice president for the region highlighted enticing recipes for the continuation of Vietnam’s success story.
While local sugarcane farmers have been taking a fair dent from the effects of the pandemic, regional competition fuelled by the commitments of the ASEAN Trade in Goods Agreement has further put pressure on them, leading to a daunting situation for the already declining sector. To protect local farmers from more harm and rejuvenate the domestic sugar industry, the prime minister has urged ministries and agencies to find solutions.
While many of the worlds’ aircraft have been grounded throughout the pandemic, local airlines have found ways to support Vietnam’s agricultural export businesses in the wake of sky-high freight charges.